Fund to enable me expand my poultry farming

Michael

Nairobi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Michael

Member since

June 2013

On-time repayments

106 installments • 49%

About Me

Hi, my names are Michael Ochieng and currently live in Nairobi. For now I'm student studying accounts part time but during the day i busy myself with accounting jobs to help me pay my school fees. I had the idea of doing poultry business upcountry(Kimilili in Bungoma County) of which i have started and its doing well. I started this venture in order to expand my income and to creat job opportunities for my fellow youths when the business grow
Thank you so much and GOD bless you for giving the young task the opportunity to prosper

My Business

As earlier stated I intend to start poultry farming in my home.i am also working and each end of the month i get salary.my poultry farming is very demanding in our area as most of the eggs produces are supplemented to to towns in Nakuru Nairobi and Bungoma among.
others.
i will be staring with about 20paultry and plus the one already existing of about 10 will enable me fetch a bout ks,30000 -40000 per month.
These will ensure my loan will be paid well and as well as i get my salary too,i will be able to continue with my studies without any constrain.

Loan Proposal

Thank you so much zidisha for giving me such a golden opportunity to improve my poultry farming.
As earlier explained,intend to start poultry farming in my home.i am also working and each end of the month i get salary.my poultry farming is very demanding in our area as most of the eggs produces are supplemented to to towns in Nakuru.These will enable me increase the amount of poultry with the one already existing.
Once more,thank you so much Zidisha.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Mar 17, 2014

Repayment status

On Time

Projected term

4 months

Other loans

Sep 2014: $146

Lenders

investor

Candiac, Canada

dsmart978

Bondurant, United States

Dadiolafs

Vestmannaeyjar, Iceland

Believe

Belgium

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KM Apr 24, 2016

Hi! Thanks for your repayment in March! How is everything going?

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KM Jan 1, 2016

Happy new year to you1

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KM Aug 22, 2015

Hello - thank-you for your continued repayments. I'm glad that the poultry project continues, and hope that your situation is improving.

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Michael May 14, 2015

The main reason for changing my repayment schedule is because of the financial constraints that have gone through lately,the poultry project is still on course despite all this and is in the process of full recovery.

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KM Apr 6, 2015

Hello. How are things?

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KM Mar 2, 2015

Hello, how are things going with you these days? Mr. Musevu told us that you were having some sort of financial difficulty, have you been able to recover? Hope to get a message from you soon. Thanks.

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John Jan 31, 2015

Hello,hope this finds you well.
I am the VM for Ochieng and i have been in touch with him.He did notify me that he had been financially inconvenienced thus was unable to make repayments but promises to resume the repayments in the new month.
Looking forward to more communication.Thank you.

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PolarBearCapital Dec 21, 2014

Hi Michael, it would be great to hear an update on the business. Thank you.

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- Michael Dec 22, 2014
  
  Hi dear lenders,sorry for not being in touch,i was held up with exams but now I'm through, the project is on track and the way its going, I'm planning to buy dairy cow next year i.e 2015. Thank you for the great support and be blessed.
  
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  - KM Dec 31, 2014
    
    I hope you did well on your examinations. Thank-you for your continued repayments, and let us know when you're ready to buy that dairy cow! Happy New Year,
    
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    Michael Jan 2, 2015
    
    Happy new year dear lenders! hoping that you are all well and re- energized to do exploits in this new year 2015, actually it has been great to be part of Zidisha team and looking forward for mutual cooperation with you guys for more investments. Asante sana. Happy 2015!
    
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Michael Oct 3, 2014

Hallo dear lenders,
Thank you so much for the trust that you have in me and for accepting to fully fund my loan,I'm humbled by your gesture.
The loan will help me finance the purchase of more hens which will in turn increase the revenue that I get from this project by over 25%.
By your help,I'm also looking forward to start commercial dairy farming in the near future.
Once again I say thank you very much.
Regards,
Mike.

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- KM Nov 8, 2014
  
  Hello Mike. I was happy to contribute a little to your project. Have you been able to buy more hens yet? I hope that you are keeping well.
  
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  - Michael Nov 10, 2014
    
    Hallo Kilmeny, first of all I would like to thank you for financing my project, I'm humbled. Yap! I was able to purchase more hens and the project is doing good,looking forward to continue working with you in bigger things to come. Nice time.
    
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    KM Nov 30, 2014
    
    Thank-you for your repayments so far. I hope that your hens stay healthy!
    
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Michael Jul 23, 2014

Halloo my lenders and Zidisha team at large. I'm doing well with the poultry project and it has greatly picked up.
As i reflect back and see where i was before an the far have managed to grow the project,I lack words to express how grateful I am. For this success that you played a great role to materialize,I say thank you for the trust that you had in me,thank you for being the bridge towards a achieving my dream,thank you so much and GOD bless you

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Michael Jun 6, 2014

Halloo Zidisha,
Mine is just to return my great gratitude to you because of the achievement that i have been able to make with the funding that you gave me, I was able to construct a more secure place where the poultry could feed and move freely without any problem,this has reduced injury to them that was being caused with the congestion that was being experienced in the other smaller hutch. As a result,the level of production has greatly improved. Thank you lenders. Mike

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Michael May 20, 2014

Dear lenders,
i would like to apologize for delaying remitting my payments twice.these was due to much concentration on my final papers and payment of exams.i will be resuming to payments next week.
Thank you and God bless you so much.
best ,mike.

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